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Wednesday, March 28, 2012

The Receding Tide by Fred Reed

The Receding Tide by Fred Reed
The first is corruption. America is rotten with it, but American corruption is distinct from corruption in, say, Guatemala or Thailand, being less visible and better organized.
Several major differences exist between the usual corruption in the Third World and that in America. In most of the Third World, corruption exists from top to bottom. Everyone and everything is for sale. Bribery amounts to an economic system, like capitalism or socialism. By contrast, in the United States, graft flourishes mostly at the level of government and commerce. You don’t (I think) slip an admissions official at Harvard twenty grand to accept your shiftless and dull-witted slug of a misbegotten offspring. Nor do you pay a local judge to drop dope charges against your teenager. And in the Guatemalas and Egypts of the planet, corruption tends to be personal. The briber and the bribed act as individuals.
In the United States, corruption occurs at the level of policy and contracts, between corporations, special interests, and Congress. It is done gracefully and usually legally. For example, Big Pharma pays Congress to insert, in some voluminous bill that almost no one will read, a clause saying that the government will pay list price for drugs instead of negotiating for a better price. Over time, this is worth hundreds of millions, paid by you. Yet the clause is legal. Or military industry pays Congress to buy an enormously expensive and unneeded airplane. It’s legal. Read the bill. Or agribusiness pays Congress to cough up large subsidies. Also legal.
In Mexico you pay your useless daughter’s useless teacher to give her grades she didn’t earn so that she can get into university. Corruption relies on individual initiative. By contrast, in America, corruption is a class-action industry. Large groups – blacks, women, Indians, unions – bribe or intimidate Congress into giving them special privilege: affirmative action, racial and gender set-asides, casinos, loans and preferences from the Small Business Administration according to sex and ethnicity. Corruption, plain and simple. But legal.

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